NEW YORK— Canadian energy and services company Emera says it will buy Teco Energy, an electric and gas utility that does business in Florida and New Mexico, for about $6.48 billion. Emera says it will pay $27.55 per share of Teco Energy, a premium of about 31 percent over Friday's closing stock price. Emera says it has investments through the Northeastern U.S. and...» Read More
Irish building supplies group CRH said it had agreed to pay $7.35 billion for assets Lafarge and Holcim had to sell ahead of their planned merger.
A U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches.
Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants.
Russia's economy ministry said on Saturday it expected gross domestic product to fall 3 percent this year, more optimistic than many analysts' forecasts of a 4-5 percent drop.
General Motors and Chinese partner SAIC Motor Corp will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia's biggest market and from there tackle other markets in the region.
Japanese Prime Minister Shinzo Abe's program to revive the nation's economy is set to meet perhaps its stiffest challenge, the nation's sclerotic farming industry.
Activity in China's factory sector contracted in January for the first time in more than two years, an official survey showed, a far worse result than expected.
The auto industry's troubles deepened as regulators said automakers will recall about 2.1 million older vehicles to fix airbag defects.
A deal on extending Greece's bailout deal must be found by the end of February or the ECB will not be able to continue lending to its banks, ECB council member Erkki Liikanen said.
China Minsheng Banking's president has resigned for personal reasons hours after several Chinese media outlets reported he was being investigated.
Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong due to strong pricing pressure, a company source said on Saturday.
The captain of the AirAsia jet that crashed into the sea in December was out of his seat conducting an unorthodox procedure when his co-pilot apparently lost control.
The Obama administration must insist that U.S. trading partners pledge not to manipulate currencies when negotiating trade deals, the Senate Committee on Finance chairman said on Friday.
Honda cut its annual profit forecast as it set aside more cash to cover an expanded recall of cars to replace potentially faulty air bags.
Marlboro maker Altria's profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt.
Weyerhaeuser on Friday reported fourth-quarter profit of $177 million.
U.S. drugmaker AbbVie's revenue beat analysts' estimates for the fourth straight quarter as sales of arthritis drug Humira jumped nearly 11 percent.
Simon Property on Friday reported a key measure of profitability in its fourth quarter. The results matched Wall Street expectations.
The maker of Barbie dolls posted its fifth straight fall in worldwide quarterly sales.
Tyson Foods on Friday reported fiscal first-quarter net income of $309 million.